No light at the end of the tunnel: The complexities of implementing Lebanons emergency electricity plan

No light at the end of the tunnel: The complexities of implementing Lebanons emergency electricity plan

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2023-04-12 | 11:21

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No light at the end of the tunnel: The complexities of implementing Lebanon's emergency electricity plan

The emergency plan for electricity is facing difficulties in securing and funding fuel for power plants, converting collection money from Lebanese Lira to US Dollars, the exchange rate to calculate tariffs, and the slow removal of violations and increasing thefts that affect the networks.

All of these issues were presented by Caretaker Minister of Energy, Walid Fayyad, and the Chairman of Electricité du Liban, Kamal Hayek, in front of the specialized ministerial committee chaired by Caretaker Prime Minister, Najib Mikati, in an attempt to find solutions to continue with this plan at the minimum level.

In this regard, it was decided to communicate with the international organizations concerned with the Palestinian refugee camps and Syrian refugees in order to pay the bills after meters were installed by Electricité du Liban.

The Minister of Energy was requested to communicate with the Minister of Finance to secure financial credits for official institutions to pay their dues to Electricité du Liban.

Additionally, a meeting with the governor of the Central Bank was scheduled to determine the exchange rate of the US dollar, based on which the amounts deposited by